Fall 2021 Course Syllabus
Course: BUSI-1301- Section: 1C Business Principles |
![]() |
Instructor Information | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Instructor | Dr. Albert Thigpen | ||||||||||
thigpenat@lamarpa.edu | |||||||||||
Phone | (409) 984-6513 | ||||||||||
Office |
|
||||||||||
COVID 19 Information | The Lamar State College Port Arthur (LSCPA) Student Code of Conduct COVID 19 Policy requires students who have been exposed to COVID 19 or diagnosed with COVID 19 to report their condition on the COVID 19 Notification Form (available via a link on the Student Code of Conduct COVID19 webpage). This information will be provided to the Dean of Student Services. In addition, this policy requires all students to wear face coverings in compliance with the criteria included in the policy. For more information please refer to the COVID 19 link on the LSCPA website. | ||||||||||
Course Information | |||||||||||
Description | This course provides a survey of economic systems, forms of business ownership, and considerations for running a business. Students will learn various aspects of business, management, and leadership functions; organizational considerations; and decision-making processes. Financial topics are introduced, including accounting, money and banking, and securities markets. Also included are discussions of business challenges in the legal and regulatory environment, business ethics, social responsibili | ||||||||||
Prerequisites | None | ||||||||||
Learning Outcomes |
CLSO 1. Identify major business functions of accounting, finance, information systems, management, and marketing. (PSLO Alpha measured by Final Exam) CSLO 2. Describe the relationships of social responsibility, ethics, and law in business. (PSLO 2 measured by Course Learning Objectives Team Project) CSLO 3. Explain forms of ownership, including their advantages and disadvantages. (PSLO 1 measured by Course Learning Objectives Team Project) CSLO 4. Identify and explain the domestic and international considerations for today business environment: social, economic, legal, ethical, technological, competitive, and international. (PSLO 2 measured by Course Learning Objectives Team Project) CSLO 5. Identify and explain the role and effect of government on business. (PSLO 2 measured by Course Learning Objectives Team Project) CSLO 6. Describe the importance and effects of ethical practices in business and be able to analyze business situations to identify ethical dilemmas and ethical lapses. (PSLO 2 measured by Course Learning Objectives Team Project) CSLO 7. Describe basic financial statements and show how they reflect the activity and financial condition of a business. (PSLO 3 measured by Course Learning Objectives Team Project) CLSO 8. Explain the banking and financial systems, including the securities markets, business financing, and basic concepts of accounting. (PSLO 2 measured by Course Learning Objectives Team Project) CSLO 9. Explain integrity, ethics, and social responsibility as they relate to leadership and management. (PSLO 1 measured by Course Learning Objectives Team Project) CSLO 10. Explain the nature and functions of management. (PSLO 1 measured by Course Learning Objectives Team Project) CLSO 11. Identify strengths, weaknesses, opportunities, and threats of information technology for businesses. (PSLO 1 measured by Course Learning Objectives Team Project) |
||||||||||
Core Objectives |
PSLO ALPHA: Reading skills - Demonstrates comprehension of content-area reading material. Identifies all main ideas, supporting details, and vocabulary in reading material; demonstrates a full understanding of the reading. PSLO 1: Critical Thinking Skills - Uses creative thinking, innovation, inquiry and analysis, evaluation and synthesis of information. Creatively identifies problem, argument, or issue (to determine extent of information needed); differentiates the facts from opinions as relates to situation; constructs possible solutions or prediction or consequences; uses logical, sound reasoning to justify conclusion. PSLO 2: Communication Skills - Demonstrates effective development, interpretation and expression of ideas through written, oral and/or visual communication. Expresses a strong thesis; organizes information with effective transitions & sequencing of ideas; uses substantial, logical & specific development of ideas; details are relevant, original, credible and correctly documented when appropriate to show an effective development and interpretation of ideas; and presents ideas in appropriate mode of expression for the task. PSLO3: Empirical and Quantitative Skills - Applies the manipulation and/or analysis of numerical data or observable facts resulting in informed conclusions. Identifies mathematical or scientific principles needed to complete task; uses mathematical or scientific principles needed to complete task; analyzes how to use the principles; and applies problem-solving skills in mathematical or scientific principles needed to complete task with correct informed conclusions. |
||||||||||
Program Student Learning Outcomes | |||||||||||
Textbooks |
Textbook Purchasing Statement: A student attending Lamar State College Port Arthur is not under any obligation to purchase a textbook from the college-affiliated bookstore. The same textbook may also be available from an independent retailer, including an online retailer.
Ferrell et al. 2020. BUSINESS FOUNDATIONS: ACHANGING WORLD. 12th edition. New York, NY. McGraw Hill Publishing. ISBN: 978-1-260-48882-1 or reasonably close edition. Textbook Purchasing Statement: A student attending Lamar State College Port Arthur is not under any obligation to purchase a textbook from the college-affiliated bookstore. The same textbook may also be available from an independent retailer, including an online retailer. |
||||||||||
Lecture Topics Outline |
Week 1: Chapter 1-The Dynamics of Business and Economics Week 2: Chapter 2-Business Ethics and Social Responsibility Week 3: Chapter 3-Business in a Borderless World Week 4: Chapter 4-Options for Organizing Business Week 5: Chapter 5-Small Business, Entrepreneurship, and Franchising Week 6: Chapter 6-The Nature of Management Week 7: Chapter 7-Organization, Teamwork and Communication Week 8: Chapter 8-Managing Operations and Supply Chains Week 9: Chapter 9-Motivating the Workforce Week 10: Chapter 10-Managing Human Resources Week 11: Chapter 11-Customer-Driven Marketing Week 12: Chapter 12-Dimensions of Marketing Strategy Week 13: Chapter 13-Digital Marketing and Social Networking Week 14: Chapter 14-Financing the Enterprise Week 15: Final Exam Review Week 16: FINAL EXAM |
||||||||||
Major Assignments Schedule |
NOTE: Dates are tentative and may be changed if deemed necessary by the instructor. Week 1: Course Introduction and Overview, Class Policies, Group Project, Chap. 1/2/3 Week 2: Chapter 1/2/3 Week 3: Chapter 1/2/3 Group Project: Name, Topic Due Week 4: EXAM 1; Chapter 1 - 3, Chapter 4/5 [09/16/21] Week 5: Chapter 4/5 Week 6: EXAM 2: Chapter 4/5, Chapter 6/7/8 [09/30/21] Week 7: Chapter 6/7/8 Week 8: Chapter 6/7/8 Week 9: EXAM 3; Chapter 6/7/8; Chapter 9/10 [10/21/21] Week 10: Chapter 9/10 Week 11: Chapter 9/10, Presentation Group 1, Group 2 Week 12: EXAM 4, Chapter 9/10, Presentation Group 3 Week 13: Chapter 11, 12, 13, 14 Week 14: Thanksgiving Holiday (Ch. 11, 12, 13, 14) Week 15: Final Exam Ch. 11, 12, 13, 14 Each week, Chapter Assignments are inclusive of Key Term Quizzes, Review Questions, and/or Skills Building Exercises (many of which are in-class teamwork) |
||||||||||
Final Exam Date | December 2, 2021 - 6:0 PM | ||||||||||
Grading Scale | 90 - 100=A 80 - 89=B 70 - 79=C 60 - 69=D Below 59 = F | ||||||||||
Determination of Final Grade |
Group Project = 100 points (Assessment) 5 Exams = 500 points Total = 600 points Attendance and participation will also be considered for grading purposes. Examinations may be in form of short answer, multiple choice, essay, or oral. |
||||||||||
Course Policies | |||||||||||
Instructor Policies |
1. Students are expected to complete assignments and participate in class discussions. 2. Students are to notify the instructor as soon as practical about an absence. 3. Students are to be respectful and courteous at all times during class. 4. Students are not entitled to make up missed work due to an absence. However, a student may request to makeup work by requesting approval of the instructor and the work is subject to an academic penalty. |
||||||||||
Attendance Policy | Research has shown a cause and effect relationship between attendance and college success. Students are to expected to attend all classes. Students who are excessively absent or tardy will be subject to academic penalty up to and including being dropped from class. Students are to make contact with instructor preferably prior to, but definitely after, an absence. Absent students may make up missed work solely at the discretion of the instructor. | ||||||||||
Academic Honesty | Academic honesty is expected from all students, and dishonesty in any form will not be tolerated. Please consult the LSC-PA policies (Section IX, subsection A, in the Faculty Handbook) for consequences of academic dishonesty. | ||||||||||
Facility Policies |
|
||||||||||
Important Information | |||||||||||
ADA Considerations | The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you believe you have a disability requiring an accommodation, please contact the the Office for Disability Services Coordinator, Room 231, in the Madison Monroe Building. The phone number is (409) 984-6241. | ||||||||||
MyLSCPA | Be sure to check your campus E-mail and Course Homepage using MyLSCPA campus web portal (My.LamarPA.edu). When you've logged in, click the email icon in the upper right-hand corner to check email, or click on the "My Courses" tab to get to your Course Homepage. Click the link to your course and review the information presented. It is important that you check your email and Course Homepage regularly. You can also access your grades, transcripts, and determine who your academic advisor is by using MyLSCPA. | ||||||||||
Other | |||||||||||
HB 2504 | This syllabus is part of LSC-PA's efforts to comply with Texas House Bill 2504. | ||||||||||
Department |
|